Investor Presentaiton
31
Key figures
Operations
Q1 2020
Q1 2019
Q1 2018
Q1 2017
Q1 2016
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Net interest income
7,253
7,434
6,827
6,904
7,273
7,253
7,693
7,382
7,808
7,434
Net commission income
3,076
2,218
2,205
2,198
3,219
3,076
2,615
2,639
2,478
2,218
Operating income
8,976
11,708
10,810
11,404
12,090
8,976
11,726
12,344
12,220
11,708
Operating expenses
6,207
6,862
6,759
6,478
7,198
6,207
6,443
6,940
6,618
6,862
Net earnings (loss)
(2,171)
1,018
1,951
3,352
2,884
(2,171)
(2,775)
761
2,096
1,018
Return on equity
(4.6%)
2.1%
3.6%
6.3%
5.7%
(4.6%)
(5.8%)
1.6%
4.3%
2.1%
Net interest margin
2.8%
2.7%
2.7%
2.8%
3.1%
2.8%
3.0%
2.6%
2.8%
2.7%
Return on assets
(0.8%)
0.3%
0.7%
1.2%
1.1%
(0.8%)
(1.0%)
0.2%
0.7%
0.3%
Cost-to-income ratio
69.2%
58.6%
62.5%
56.8%
59.5%
69.2%
54.9%
56.2%
54.2%
58.6%
Cost-to-total assets
2.2%
2.3%
2.4%
2.4%
2.8%
2.2%
2.2%
2.3%
2.2%
2.3%
Balance Sheet
Total assets
Loans to customers
Mortgages
Share of stage 3 loans, gross
2.9%
REA Total assets
60.0%
1,187,820 1,222,695 1,131,768 1,119,648 1,028,606
778,823 829,246 782,255 720,198 694,004
340,235 366,381 340,202 302,679 190,008
2.5%
64.4%
1,187,820 1,081,854 1,213,155 1,233,419 1,222,695
778,823 773,955 812,481 821,731 829,246
340,235 333,406 372,938 369,583 366,381
2.9%
2.7%
2.5%
2.4%
2.5%
68.8%
66.4%
71.5%
60.0%
66.5%
62.2%
63.1%
64.4%
Tier 1 ratio
24.6%
21.3%
23.6%
27.3%
26.2%
24.6%
21.2%
21.6%
21.4%
21.3%
Leverage ratio
14.5%
13.5%
15.4%
0.0%
0.0%
14.5%
14.1%
12.8%
13.3%
13.5%
Liquidity coverage ratio
224.2%
213.0%
209.9%
163.5%
153.4%
224.2%
188.3%
246.4%
198.0%
213.0%
Loans to deposits ratio
144.4%
169.1%
172.7%
151.4%
160.2%
144.4%
157.0%
159.9%
162.8%
169.1%
All amounts in ISK million
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